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News und Informationen finden Sie in unserem Shop auf https://www.whisky.de/whiskyde-news.html 00:00 Whisky.de News 00:14 Tormore Distillery präsentiert erste Core Range 00:58 Ein neuer Isle of Harris Whisky im Kernsortiment 01:18 NEU: Benromach Contrasts Series Côte-Rôtie Wine Cask Finish 01:40 The Maltman präsentiert unter ihren Lable „Excalibur“ neue Abfüllungsreihe 02:01 Barton 1792 Distillery veröffentlich ersten Straight Rye 02:21 Horse Soldier Bourbon eröffnet um 200 Millionen Dollar neue Brennerei in Kentucky 03:01 Yellowstone Bourbon veröffentlicht 2026 Limited Edition Bourbon ► Abonnieren: http://www.youtube.com/user/thewhiskystore?sub_confirmation=1 ► Whisky.de Social Media ○ TikTok: https://www.tiktok.com/@whiskyde ○ Instagram: https://www.instagram.com/whisky.de/ ○ Facebook: https://www.facebook.com/Whisky.de/ ○ Twitter / X: https://www.threads.net/@whisky.de ○ Threads: https://www.threads.net/@whisky.de ○ Telegram: https://t.me/whisky_de ► Podcast: https://www.whisky.de/shop/newsletter/#podcast ► Merch: https://whiskyde-fanartikel.creator-spring.com/ Mehr Informationen finden Sie in unserem Shop auf Whisky.de/shop
Im Sommer kaufen die Menschen so viele Getränke wie sonst nie. Für die Abfüllung brauchen die Getränkehersteller Millionen Flaschen. Dabei dominieren Plaste-Einwegflaschen. Sie sind umweltfreundlicher als vermutet.
https://www.whisky.de/p.php?id=TORMO0TI0 Nosing 05:12 Wir verkosten den Tormore Timeless. Tormore Timeless ist ein heller und eleganter Speyside Single Malt Scotch Whisky, der den frischen, fruchtbetonten Charakter der Destillerie hervorhebt. Durch die Kombination älterer Jahrgänge mit jüngeren Abfüllungen entsteht ein ausgewogenes Zusammenspiel aus Tiefe, Struktur und lebendigen Fruchtnuancen. ► Tormore Playlist: https://www.youtube.com/playlist?list=PL0c4kGdVapNQMbMa12rYr56WMX7QKIQcC ► Abonnieren: http://www.youtube.com/user/thewhiskystore?sub_confirmation=1 ► Whisky.de Social Media ○ TikTok: https://www.tiktok.com/@whiskyde ○ Instagram: https://www.instagram.com/whisky.de/ ○ Facebook: https://www.facebook.com/Whisky.de/ ○ Twitter / X: https://www.threads.net/@whisky.de ○ Threads: https://www.threads.net/@whisky.de ○ Telegram: https://t.me/whisky_de ► Podcast: https://www.whisky.de/shop/newsletter/#podcast ► Merch: https://whiskyde-fanartikel.creator-spring.com/ Mehr Informationen finden Sie in unserem Shop auf Whisky.de/shop
Sona Asset Management is looking to expand its business in asset-based finance and significant risk transfers as public and private debt markets converge. “The thing that excites us the most is the scope for growth in ABF markets here in Europe,” Henrik Johnsson, the London-based hedge fund’s chief executive officer, tells Bloomberg News’ James Crombie and Bloomberg Intelligence’s Aidan Cheslin in the latest Credit Edge podcast. “We really like SRTs, although spreads have obviously come in a lot over the last couple of years,” Johnsson adds. They also discuss how to short corporate debt, software-loan distress, secondary sales of private credit assets and investing in the AI boom.See omnystudio.com/listener for privacy information.
Dicke Luft zwischen der Zürcher Volkswirtschaftsdirektorin Carmen Walker Späh (FDP) und Bundesrat Albert Rösti (SVP): Walker Späh kritisiert, dass Rösti dem Kanton Zürich zu verstehen gab, er solle mit den neun Milliarden Franken für den ÖV zufrieden sein. Weitere Themen: · Umstrittene Sauna in der Ara Bülach wird abgerissen. · Atomendlager in Stadel hätte auch Platz für Abfälle aus neuem AKW. · Fällanden stoppt Sanierung des Gemeindehauses. · Brand in Reiheneinfamlienhaus in Bassersdorf. · Indische Influencer machen Werbung für die Schweiz - und für Zürich. · Die Kantonspolizei Waadt lernt von der Stadtpolizei Zürich.
Wie können wir unseren Lebensraum, also unsere städtische Kulturlandschaft so gestalten, dass sie auch für künftige Wiener:innen möglichst lebenswert ist? Welche Strategien gibt es zum Schutz von unverzichtbaren Ressourcen wie Wasser, Boden und Biodiversität? Wie lässt sich Energie besser nutzen und was kann man tun, um Stoffkreisläufe zu schließen?Mit solchen Fragestellungen hat sich Prof. Ludwig Maurer sein Forscherleben lang beschäftigt und gemeinsam mit seinen MitstreiterInnen ganz konkrete, nachhaltige Lösungen dazu entwickelt – insbesondere für die Stadt Wien.Der Pionier der angewandten Ökologie hat maßgeblich dazu beigetragen, dass Wien heute eine hochmoderne Kläranlage hat und in der Lobau das größte Kompostierwerk Europas steht. Dass alle landwirtschaftlichen Betriebe der Stadt Wien nach den Richtlinien des biologischen Landbaus arbeiten, ist ebenfalls zu großen Teilen sein Erfolg. 1997 wurde Prof. Maurer mit dem Konrad Lorenz Staatspreis für Umweltschutz ausgezeichnet und 2010 mit dem Silbernen Ehrenzeichen für Verdienste um das Land Wien. Wir haben mit dem heute 80jährigen Forschungsmanager über ökologische Herausforderungen und die Lösungsansätze der Angewandten Ökologie gesprochen. Wie geht man zum Beispiel mit den Bergen an biogenen Abfällen um, die in Wien täglich anfallen? Was tun mit den 500 Millionen Liter Abwasser samt Fäkalien, die jeden Tag in Simmering zusammenkommen? Oder: Wie kann die landwirtschaftliche Nahversorgung für eine Millionenstadt gesichert werden – und zwar dauerhaft? Wenn euch die Folge gefallen hat, freuen wir uns, wenn ihr unseren Podcast bewertet und abonniert (falls ihr das noch nicht gemacht habt).Feedback könnt ihr uns auch an podcast(at)ma53.wien.gv.at schicken.Folgt uns auf unseren Social Media Kanälen:https://www.facebook.com/wien.athttps://bsky.app/profile/wien.gv.athttps://twitter.com/Stadt_Wienhttps://www.linkedin.com/company/city-of-vienna/https://www.instagram.com/stadtwien/Und abonniert unseren täglichen Newsletter:http://wien.gv.at/meinwienheuteWeitere Stadt Wien Podcasts:Historisches aus den Wiener Bezirken in den Grätzlgeschichtenbüchereicast der Stadt Wien Büchereien
Die meisten NEMs werden in Lohnproduktion hergestellt – einer der besten Abfüller ist Jochen Seipel. Er lässt uns hinter die Kulissen der Branche blicken. Was unterscheidet gute von schlechten Nahrungsergänzungsmitteln? Wie erkenne ich als Biohacker, ob drin ist, was draufsteht? Auf welche Marken kann ich mich verlassen? Und wo lauern echte Gefahren?
C'est parti pour un nouvel épisode 10 questions, les épisodes du Chantier dans lesquels je pose 10 questions-clés à un expert sur un sujet qui devrait vous intéresser si vous vous lancez dans des travaux !Et aujourd'hui j'ai invité Cyril, de l'entreprise Vosplans.fr, pour qu'il partage avec nous ses conseils d'expert sur le sujet des autorisations d'urbanisme ! PLU, permis de construire, déclarations préalables, ABF, etc, tout cela peut être un vrai casse-tête et Cyril nous éclaire sur tous ces sujets ultra-importants quand on se lance dans un projet travaux. Bonne écoute !*****NOTES DE L'ÉPISODE******- Voir le site de Vosplans : https://vosplans.fr- Suivre Vosplans sur Instagram : @vos.plans- Suivre Le Chantier sur Instagram : @lechantierpodcast- Si vous aimez ce podcast, vous pouvez :laisser 5 étoiles ⭐⭐⭐⭐⭐ et votre avis en quelques mots sur Apple Podcasts ou Spotify, ça m'aide énormément !me soutenir sur Patreon à partir de 3€ par mois : rendez-vous sur patreon.com/LeChantierpodcastProduction & montage : Anne PontyÉpisode diffusé le : 27 juin 2026Hébergé par Ausha. Visitez ausha.co/politique-de-confidentialite pour plus d'informations.
Med litografitekniken fick gemene man råd med fina originalkonstverk. Och litografins förlorade ställning säger något om en konstvärld på villovägar, tycker Thomas Millroth. Lyssna på alla avsnitt i Sveriges Radios app. ESSÄ: Detta är en text där skribenten reflekterar över ett ämne eller ett verk. Åsikter som uttrycks är skribentens egna. Först sänd 2017-08-24.Litografi, stentryck.Jag tänker på vackra affischer. 1800-talstidskrifter. Eller kanske på Konstfrämjandet.Är litografin bara en gammal teknik förpassad ur konsten i dag?Har i så fall något gått förlorat?Men först.Vad är litografi?I en ny bok beskriver Jan af Burén tekniken som en snilleblixt, och berättar entusiastiskt hur det går till:”Tag en litografisk sten, teckna något på den, behandla den med syra och gummi arabicum. Tvätta sedan bort alltihop med lösningsmedel. Nu ser stenen alldeles tom ut. Lägg den i pressen och valsa över tryckfärg – nu är teckningen tillbaka igen, redo att tryckas. Och det ser så enkelt ut.”Burén beskriver i spännande trycktekniska detaljer vad som brukar kallas litografins inkunabel-tid, det vill säga de första fyrtio åren sedan Alois Senefelder uppfann tekniken på det sena 1790-talet. När af Burén avbryter sin berättelse har litografin spritt sig över världen, ja, till och med i det ganska efterblivna konungariket Sverige.Men vad var då så speciellt som gav succén?Jo, det var ju en uppfinning som gjort något möjligt som dittills varit omöjligt. Förut fanns gravyrer, men det här var ju enkelt och användbart.Redan från början handlade det om konst. Konst med stort k. Nu kunde stora konstnärer mångfaldiga verk i perfekt skick, tryck efter tryck. Sprida dem i samtiden och bevara dem för framtiden. Redan från början dyker också en viktig term upp.Multipla original.Smaka på det. Tanken som skulle bli bärande under grafikens första boom i slutet av 1800-talet och som skulle bli bärande i mitten av 1900-talet, då konsten demokratiserades, spriddes till folket.Litografi rimmade på demokrati.Även om demokratin inte var uppfunnen i det tidiga svenska 1800-talet, var det ändå något åt det hållet som genomsyrade de första beskrivningarna av den underbara nya tekniken. I Stockholms Posten kunde allmänheten läsa:”alla konstens werk skola kunna föryttras till ett wida bättre pris, hwilken omständighet både för artisten och konstnälskaren är af den högste wigt.”Litografin gjorde konsten tillgänglig och billig.Idéerna om prisvärd spridning föregrep 1940 – och 1950-talen, då kulturen och konsten skulle ut till alla. Bort med privilegiesamhället. In med Konstfrämjandet, som bildades av 1947 av i princip alla landets folkrörelser, lägg så till Folket i Bilds konstklubb, konstföreningar och konstcirklar på ABF. In med konst i skolan och kringresande konstpedagoger.Konstnärer fick i uppdrag att skapa originalverk i litoteknik, som kunde säljas billigt, konkurrera ut allsköns skräpkonst. Och den här utgivningen blev snart en stor konstnärlig händelse i vårt land.Men tvivlet kom redan från början.Gick i själva verket konsten förlorad på vägen?Den förste skeptikern verkar ha varit Per Daniel Amadeus Atterbom, som 1828 skrev i tidskriften Heimdall.Litografin ” är ett medel för artisten att göra ett steg närmare den höjd hvarifrån Raphael och Michelangelo strålar i oförvanskelig gloria….” Men, invände Atterbom, den vägen var bruten och förlorad. Mycket få litografier, underströk han, förmedlade kännedomen om arbeten af den mera upphöjda art hvarigenom konstens sanna intressen befordras.Alltså konsten hade ett högre syfte än vad litografin kunde förmedla.Samma kritik drabbade på sin tid konstfärmjandets strävan att sprida god originalkonst i litografisk form i de svenska hemmen.Hade försöket att demokratisera konsten förvandlats till ett lamt nationellt uppfostringsprojekt.En nationell ambition i folkhemmet över hela linjen av smak och kultur, tänk Carl Butlers kokbok, Tore Wretmans matlagningsprogram.Visst känns dessa ambitioner avlägsna idag?Vad har gått förlorat?Dagens konstreportage handlar inte om prisvärda litografier. Nej, det är lyxkonsumtion och rekordpriser på konst som gäller.Då skrevs analyser av nya tryck från Lennart Rodhe eller Mona Huss Wallin.Idag är högt pris= hög kvalitet, ja, då finns inget utrymme för billig grafik i konstlivets salonger.Samlare och prestigefyllda konsthallar ingår i samma symbios, Sammlung Marx och Hamburger Bahnhof i Berlin, i Stockholm har vi Bonniers, Sven Harrys. Det handlar om kapital, kulturellt kapital. Konstnärer förknippas med samlare, utställningslokaler och auktionspriser. De som inte lyckas ladda sina namn till varumärken är förlorare. Många av de bästa hamnar i skuggan. Jan af Burén skriver bara om litografins första 40 å. Men boken är indirekt laddad med tankar om litografins och konstens ställning i dag. För allt fanns i sin linda då.Just då jag läser Buréns bok kommer en understreckare av Kristoffer Leandoer i Svenska Dagbladet, ”Finanshajarna har fått vittring på kulturen”. ”Från en spridning av kultur, konst, värden, ” menar Leandoer, har det rört sig till en ekonomi som är alltmer centrerad kring ett priviligierat fåtal och deras artificiella och uppdrivna behov.”Behov av det unika, det dyra och självklart exkluderande. Gemensamt för alla växande konstnärliga värden är idag att de inte är tillgängliga för alla – de många utesluts för de få.Eller.Spridningen av konsten har gått från originallitografier till unika miljonbelopp precis som matlagningskonsten har ersatts av gastronomi.Köpa dyrt på Bukowskis ger renommé och kulturellt kapital.Berikandets ekonomi – och berikandet har sin egen rörelseenergi. Som inte handlar om kvalitet men om anseende.Därför har dyra saker blivit oproportionerligt synlig. Vi får begapa hajpade verk av Damien Hirst på muséer – och idén är just att verken är dyra. Så ser dagens motsvarighet till konstfrämjandets spridning av god konst ut.Därvidlag har de gamla kritikerna av litografin som konst fått rätt. Konst ska vara sällsynt, vilket i den logiken är samma sak som dyr. Så byggs kulturella värden och kapital upp.Men samtidigt hade Atterbom helt fel. Litografin och grafiken banade väg för multiplar och en konst som är mer konceptuell än objektbaserad. Vägen gick inte, skulle inte gå mot Rafael och Michelangelo. Kritiken att litografin inte var unik ledde från spridning av konst och kultur till en ekonomi som centrerad kring ett priviligierat fåtal.Lönsammare vända sig till få än många.Jag behöver ju inte sörja gamla Konstfrämjandet för det, men ändå påminna om andra värden än de uppdrivna och exkluderande, det som är marknadens mumbo jumbo, att pengar är kvalitet.Därför avslutar jag liksom af Burén med att citera en av den litografiska konstens bortglömda mästare, Cecilia Frisendahl. Så sent som 2005 skrev hon i sin bok ”Den litografiska stenen”:”Den litografiska stenen är levande. Konstnären som arbetar med att skapa och utveckla sin grafiska bild från stenens härligt kornerade yta för en dialog med en sten som är miljontals år gammal.”Thomas Millroth, konstvetare, kritiker och författareLitteraturJan af Burén: Litografin – en snilleblixt. Uppfinningen och utvecklingen av litografin. Carlssons bokförlag, 2017.
Abfälle sind wertvolle Rohstoffquellen und Recycling ist für eine Kreislaufwirtschaft die zwingend notwendige Voraussetzung. Deutschlands Bilanz im Sammeln und Wiederverwerten von Materialien aller Art kann sich sehen lassen - auch, weil die benötigte Technologie weiterentwickelt wird. Luft nach oben gibt es aber noch genug, sowohl in den etablierten Recyclingprozessen als auch in der Wiederverwertung anderer Stoffe wie zum Beispiel Baustoffe oder Textilien. Abfälle müssen von der Gesellschaft grundsätzlich stärker als Wertstoffe anerkannt und als solche behandelt werden. Es braucht größere Mengen an richtig gesammelten Abfällen, um Recyclingmaschinen lohnend betreiben zu können, erläutert Michael Ludden, Geschäftsführender Gesellschafter von Sutco Recycling Technik. Umgekehrt machen Leichtsinn und Gedankenlosigkeit erhebliche Probleme: Jede Batterie ist ein potenzieller Brandherd, wenn sie im Hausmüll landet, warnt Dr. Sarah Brückner, Leiterin VDMA Umwelt und Nachhaltigkeit. Nicht nur in den Sortieranlagen entstehen deshalb täglich Brandvorfälle, auch Müllfahrzeuge sind gefährdet. Produktion: New Media Art Pictures
Send us Fan Mail◆ What now for European Secured Notes ater long-awaited debut?◆ The mood in European securitization amid MFS fallout and reg reform ◆ Digitalisation of bond market is up to the regulatorsBpifrance achieved a world first this week, pricing the inaugural European Secured Note. The deal was a success but it has taken about a decade to get the product from concept to market. The question is now where next for ESNs? This twist on a covered bond has clear applications as a capital market instrument that can help fund the real economy but it could be argued that its future lies in the hands of the regulators and how they choose to treat it. We discuss the different paths ESNs might be led down and the alternatives open to issuers.Meanwhile, GlobalCapital's European securitization team is back from Global ABS in Barcelona — that market's major gathering for the year. We find out what is giving the market cause for fear and cheer. We discuss how specialist lenders, banks and funds are adjusting to prevent or mitigate another scandal like the one that befell Market Financial Solutions earlier this year, and how the securitization market feels about the direction of regulatory reform.Sticking with the topic of all-powerful financial regulators, we also discuss why it is they rather than the technologists that will decide the fate of bond market digitialisation.Now read on:ESNs arrive: regulatory recognition may follow French firstEuropean Secured Notes needn't rush to BrusselsFunds eye ABF market share as banks pull backABS conference delegates emit mixed feelings of trepidation and optimismOn DLT, regulators could bring order — or disruption
Der Kanton Luzern hat erstmals einen Nachhaltigkeitsbericht vorgelegt. Das 66-seitige Dokument widmet sich der Entwicklung in den Bereichen Umwelt, Gesellschaft und Wirtschaft. Bei der Grundwasserqualität, der Biodiversität und den Abfällen hat Luzern noch Luft nach oben. Weiter in der Sendung: · Wasserstoff als Treibstoff für die Mobilität gerät ins Stocken. · Spielplätze im Kanton Uri haben zu hohe PFAS-Werte.
Der Krieg im Nahen Osten treibt Düngerpreise hoch – dabei spülen wir täglich den wertvollsten Dünger der Welt ins Klo. Während geopolitische Spannungen die Abhängigkeit von importierten Mineraldüngern sichtbar machen, zeigen Expert:innen aus der Sanitärwende: Die Lösung liegt buchstäblich vor uns. Oder besser gesagt: unter uns. Wer groß und ganzheitlich denkt, beginnt mit der Frage, was nach dem Frühstück im Badezimmer passiert – und warum das alles andere als eine Kleinigkeit ist. Beim Jahreskongress des Netzwerks für nachhaltige Sanitärsysteme (NetSan) im Ökodorf Sieben Linden treffen wir drei Menschen, die diese Zusammenhänge nicht nur denken, sondern täglich leben und gestalten. Das nimmst du mit Nährstoffe sind keine Abfälle – Phosphor, Stickstoff und Kalium aus menschlichen Ausscheidungen können den Bedarf an importierten Mineraldüngern direkt ersetzen, wenn die Infrastruktur stimmt Sanitärwende ist Systemfrage – Trockentrenntoiletten funktionieren auf Festivals, im Ökodorf und perspektivisch auch in der Stadt; was fehlt, ist politischer Wille und gesetzliche Rahmenbedingungen 30 Jahre Praxis zeigen: Es geht – Sieben Linden betreibt über 70 Trockentoiletten für 160 Menschen; die nächste Innovationsstufe ist schon in Planung Für wen ist diese Folge? Für alle, die Zusammenhänge sehen wollen, wo andere nur ein Hygieneproblem vermuten. Für Menschen, die Nachhaltigkeit nicht als Lifestyle, sondern als Systemveränderung verstehen. Und für alle, die sich fragen, warum wir wertvolle Ressourcen vernichten, während die Welt um sie kämpft. Hör rein – und frag dich danach ruhig, ob die Revolution vielleicht im Badezimmer beginnt. Zu Gast: Annette Jensen (Autorin Holy Shit, Sprecherin NetSan), Katharina Müller (Finizio), Max Werdenigg (Ökodorf Sieben Linden) Links: Netzwerk NetSan: [www.netsan.org](https://www.netsan.org/) Finizio: [finizio.de](https://finizio.de/) Holy Shit – Das Buch: [holyshit-dasbuch.de](https://holyshit-dasbuch.de/) Holy Shit – Der Film: [holyshit-derfilm.de](https://holyshit-derfilm.de/) Blogbeitrag zum NetSan-Kongress 2026: [siebenlinden.org](https://siebenlinden.org/de/duengerpreise-explodieren-wir-zeigen-mit-der-sanitaerwende-alternativen/) Max Werdenigg: [Großes Geschäft – Kleiner Fußabdruck](https://siebenlinden.org/de/grosses-geschaeft-kleiner-fussabdruck-oder-was-klimaschutz-mit-der-toilette-zu-tun-hat/) Fragen, Feedback, Mitdenken: podcast@siebenlinden.org
In this episode of the In-House Outliers podcast, host Anna Richards speaks with Dan Wate, Legal Operations Manager at Associated British Foods, about managing legal operations solo across a global team of 150 lawyers in 14 countries.Dan shares his journey from joining ABF before legal ops had a name, to building a function that spans a complex, multinational business. He covers two core strategies for scaling as a team of one: having a clear plan to stay proactive rather than reactive, and building an unofficial team through trusted relationships across finance, IT, HR, and procurement. The conversation also touches on why being nice is a genuine professional skill, how to approach vendor and outside counsel relationships as partnerships, and what those new to legal ops should know about building transferable skills.
Dala Dahlström och Ann Sandin-Lindgren fortsätter att prata om de program som hörs på Tyresöradion FM 91,4 MHz. Vilka program har de lyssnat på? Nu är det flera reportage som skildrar de evenemang som är i kommunen. Det är fiske, fordonsträff, brandkårens dag, invigning av större lokaler på ABF och nya reportage från invigningen av den nya Ishallen och intervju med silvermedaljörerna i handboll. De tipsar om många nya program som är på g och några som kommer höras på Tyresöradions sommarslinga 14/6-16/8.
Chris Edson, Partner and Global Head of Origination at Apollo, and Bret Leas, Partner and Head of Asset-Backed Finance, join host Stewart Foley, CFA, for a conversation on how integrated origination platforms are shaping the future of asset-backed finance and private credit. The episode explores Apollo's “One Apollo” approach, the importance of direct origination, and how customized financing solutions are changing the relationship between borrowers and institutional capital providers. The discussion covers the rapid growth of the asset-backed finance market, structural protections within ABF transactions, and the convergence of public and private markets. Chris and Brett explain why long-duration institutional capital is increasingly aligned with long-duration assets, how insurers are approaching ABF as a core allocation, and why underwriting discipline, diversification, and collateral structure remain critical in today's environment. The episode also examines global housing finance, corporate asset monetization, insurance balance sheet strategy, asset-liability matching, and the scale of opportunity across private credit markets. Throughout the conversation, the guests share insights into Apollo's origination ecosystem, problem-solving approach, and how integrated platforms can create long-term value for institutional investors.
✉️ 掌握前瞻趨勢與科技脈動,立即訂閱 IC之音電子報:https://pse.is/8wpwwxAI浪潮不只推升GPU與先進封裝,如今連更上游的「封裝載板材料」也全面開始漲價。日本材料大廠味之素宣布調漲ABF膜材價格30%,台灣載板廠也證實收到通知。但業界擔心的其實不是ABF,而是整個PCB材料供應鏈,包括CCL、玻纖布、銅箔也同步吃緊。當AI晶片愈做愈大、封裝層數愈疊愈高,除了代表成本上升,是不是也意味著,AI軍備競賽的戰場擴大了?這場ABF漲價潮,透露了哪些AI供應鏈訊號?
台股四月底才破四萬點,五月又創下史上最高單日漲點,券商投顧喊出五萬點,大家又爽又怕,一邊捨不得離場,一邊在問台股是不是過熱!? 巴菲特指標衝到五百趴,我們該小心嗎?本集帶你看本益比,帶你看外資持股和上市櫃獲利,詳解資金到底有沒有過熱! 外資因為台灣AI供應鏈持續匯入,台股漲勢背後其實是全球算力訂單在付錢,也是內資、外資一起推動的台股盛世,這集帶你看台股到底熱到哪裡! 喜歡我們的影片請幫我們按讚、訂閱、開啟小鈴鐺,也歡迎分享給想看懂台股近期趨勢的親友。 全台獨家的世界經濟追劇深入報導,精彩萬分,持續連載中! (現在就加入會員支持我們,還可以看到更多專屬影片~) https://www.youtube.com/@emmytw/join
Australia's war on tobacco has backfired spectacularly, and the consequences have become deadly. In this episode of I Catch Killers, former ABF and AFP detective Rohan Pike takes us deeper into the self-inflicted tobacco wars and its consequences - including the booming unregulated vape industry, with almost all vapes sold in Australia now illegal. Rohan also tells us about serving as an AFP officer in Islamabad in the aftermath of 9/11, his role in the high-profile Jihad Jack case, and leading Australia's first ever foreign bribery investigation.See omnystudio.com/listener for privacy information.
Im schwedischen Lund wurde am 18. Mai 1951 eine neue Milchverpackung aus Karton und Plastik präsentiert, aus einer Abfüllanlage, die Nahrungsmittel luftdicht verschweißt. Heute sind solche Tetra Paks in über 160 Ländern der Welt verbreitet. Schimmeck, Tom www.deutschlandfunk.de, Kalenderblatt
00:00 - Intro00:38 - How to Train Around a Recurring Injury09:57 - Dan John's 4-Day Plan to Hit 1,000 Swings a Week16:55 - How to Introduce Strength Training to Kids at Every Age24:58 - How to Apply Easy Strength Around a Busy Sport Schedule27:52 - Can Stronger Glutes Actually Fix Knee Pain?32:25 - How to Break a Pressing Plateau in the ABF?37:43 - Can You Run the Weekend Warrior Program for a Full Year?► Personalized workouts based on your schedule, ability, and equipment options. http://www.DanJohnUniversity.com.► If you're interested in getting coached by Dan personally, go to http://DanJohnInnerCircle.com to apply for his private coaching group.► Go to ArmorBuildingFormula.com to get Dan's latest book.
News und Informationen finden Sie in unserem Shop auf https://www.whisky.de/whiskyde-news.html 00:00 Whisky.de News 00:29 NEU: Glenmorangie Harrison Ford Limited Edition 00:57 Laphroaig und Willem Dafoe launchen Willem 01:17 Charles Leclerc und Chivas Regal präsentieren erste gemeinsame Limited Edition 01:44 NEU: Kilchoman 10 Jahre Loch Gorm 2026 02:04 50. Jubiläum: Kirsch Import feiert mit Abfüllungsreihe 02:56 NEU: Ardara Single Malt Edition 2025 03:21 James B. Beam veröffentlicht Little Book Chapter 10: All the Wiser 03:39 Nikka Miyagikyo 10 Jahre ist wieder da 04:09 NEU: St. Kilian Smoky Berry ► Abonnieren: http://www.youtube.com/user/thewhiskystore?sub_confirmation=1 ► Whisky.de Social Media ○ TikTok: https://www.tiktok.com/@whiskyde ○ Instagram: https://www.instagram.com/whisky.de/ ○ Facebook: https://www.facebook.com/Whisky.de/ ○ Twitter / X: https://www.threads.net/@whisky.de ○ Threads: https://www.threads.net/@whisky.de ○ Telegram: https://t.me/whisky_de ► Podcast: https://www.whisky.de/shop/newsletter/#podcast ► Merch: https://whiskyde-fanartikel.creator-spring.com/ Mehr Informationen finden Sie in unserem Shop auf Whisky.de/shop
An Indian national is set to appear in Brisbane Magistrates Court on 26 June 2026, accused of involvement in an alleged illicit tobacco syndicate and providing false immigration information to Australian authorities. The AFP alleges the 33-year-old helped channel more than $7 million from illegal tobacco sales through his bank accounts. He is also accused of living in Australia unlawfully and submitting fraudulent documents in an attempt to obtain permanent residency. - २६ जून २०२६ को एक भारतीय नागरिक को ब्रिसबेन मजिस्ट्रेट्स कोर्ट में पेश किया जाएगा। उस पर कथित अवैध तम्बाकू सिंडिकेट में शामिल होने और ऑस्ट्रेलियाई अधिकारियों को झूठी आव्रजन जानकारी देने का आरोप है। ऑस्ट्रेलियाई बॉर्डर फोर्स (ABF) द्वारा जारी बयान के अनुसार, फेडरल पुलिस का आरोप है कि 33 वर्षीय व्यक्ति ने अपने बैंक खातों के माध्यम से अवैध तम्बाकू बिक्री से जुड़े लेन-देन में $7 मिलियन से अधिक की राशि को चैनलाइज़ करने में मदद की। उस पर ऑस्ट्रेलिया में अवैध रूप से रहने और परमानेंट रेजीडेंसी हासिल करने के प्रयास में फर्जी दस्तावेज़ जमा करने का भी आरोप लगाया गया है।
近日有旅客反映,在墨爾本機場內的澳洲邊防局 (ABF) 辦公室出現一則告示,民眾關注退稅程序是否有所改變。
Der Totengräberkäfer nutzt Kadaver kleiner Säugetiere und legt seine Eier hinein. Sein Sekret konserviert die toten Tiere und wandelt sie in Nahrung für seinen Nachwuchs um. Ist dies ein Verfahren, um organische Abfälle in höherwertige Produkte umzuwandeln? Ein Podcast von Claudia Steiner.
ABF Monthly is back! Join us as we sit down with Mark Mader from the Appleton Beer Factory and Appleton Music Factory for our monthly catch-up covering all the latest music, events, and brewery news happening in and around Appleton, WI.In this episode we cover:- Cheese Fest and Paper Fest lineup announcements, including Astronomers, Holly, Post-Sex Nachos, Vo, Six Foot Blonde, Scorched Waves, Candy Cigarette, Demon Liriano, Joe Stamm, Pendulum Arts, and more -- plus a Friday headliner hint: Armchair Boogie at a free show in Kimberly- The Little Stranger, Drop a Dollar, Java, and Jarvis show at Tanner's on Labor Day weekend -- and why you should grab tickets now- A brand new intimate music venue coming to The Vault, a converted bank vault space in Kimberly that will hold 75-100 people, with a first show tentatively scheduled for May 29th- Manic Mondays recap, including a surprise drum appearance by Chad Smith of the Red Hot Chili Peppers- Appleton Beer Factory's freshly canned Guy Series IPAs -- mango, pineapple, and blood orange -- plus the story behind the Banjo Strings cold IPA and its Yeti can art- The Road to Blue Rock show featuring Early James, a ticketed comedy show coming with Manny's Productions, and a huge returning act: Silverado on September 8th- Open mic comedy nights, happy hour details (3-4 PM, half price apps and BOGO beers), and what positions ABF is currently hiring forVisit appletonfactory.com for tickets and show info. Support original music -- and original beer!
In this episode of Critical Thinking, Amit Popat is joined by Andreas Vermeiren and Huw van Steenis to explore the rapid rise of asset-backed finance (ABF) and its role in modern portfolios. The discussion examines the drivers behind ABF's recent momentum, as banks retrench and institutional investors, particularly insurers, seek long-duration, stable cash flows. It also highlights the growing role of non-bank capital and the increasing importance of selectivity as the asset class scales. While ABF offers compelling growth potential, success hinges on disciplined credit underwriting and a clear understanding of its role within a broader portfolio. This content is for information purposes only. It does not contain investment, financial, legal, tax or any other advice and should not be relied upon for this purpose. The materials are not tailored to your particular personal and/or financial situation. If you require advice backed on your specific circumstances, you should contact a professional adviser. Opinions expressed are those of the speakers as of the date of the recording, are subject to change without notice and do not necessarily reflect Mercer's opinions. This does not constitute an offer or a solicitation of an offer to buy or sell securities, commodities and/or any other financial instruments or products or constitute a solicitation on behalf of any of the investment managers, their affiliates. For the avoidance of doubt, this is not formal investment advice to allow any party to transact. Additional advice will be required in advance of entering into any contract.Read our important notices.
【謝晨彥分析師Line官方帳號】 https://lin.ee/cdWWQ9a 2026.04.07【絕命倒數 崩盤一線間! 多頭反攻 明天還有變數? 台積電.鴻海 股價兩樣情! ABF. 矽光子.記憶體 強弱分歧!】#台股怪談 謝晨彥分析師 馬上加入Line帳號! 獲取更多股票訊息! LINE搜尋ID:@gp520 https://lin.ee/se5Bh8n 也可來電免付費專線洽詢任何疑問! 0800-66-8085 獲取更多股票訊息 #摩爾投顧 #謝晨彥 #分析師 #股怪教授 #股票 #台股 #飆股 #三大法人 #漲停 #選股 #技術分析 #波段 #獲利 #台股怪談 #大賺 -- Hosting provided by SoundOn
In dieser Podcastfolge nimmt Zarah ihre Hörer mit auf eine genussvolle und wasserreiche Tour nach Bad Peterstal-Griesbach. Sie besucht die Wasser-Sommelière Helga Benz bei der Peterstaler Mineralbrunnen GmbH, um zu erfahren, was Mineralwasser eigentlich von Leitungswasser unterscheidet und weshalb das Wasser aus dem Schwarzwald so besonders ist. Neben dem Blick in die Abfüllanlage steht auch ein Abstecher zum Brunnentempel mit der Sophienquelle im Ort Bad Peterstal-Griesbach auf dem Programm. Danach geht es für Zarah weiter zu Hannes Schmidt in die Destillerie von BOAR Gin. Bei einem Gin Tonic unterhalten sich die beiden über das Handwerk der Gin-Herstellung, bei dem das Schwarzwaldwasser ebenfalls eine entscheidende Rolle spielt. Während der Folge gibt Zarah noch reichlich Inspiration für den nächsten Besuch und verrät, was man rund um Bad Peterstal-Griesbach alles erleben kann. Freut euch auf eine informative Episode mit vielen Inspirationen aus der Ferienregion Schwarzwald. Seid gespannt!
Customs is generally the first point of contact for people entering Australia. Our Border Force Officers are there waiting. They ensure that we don't bring in prohibited goods that could threaten Australia's unique environment, economy and communities. Before you zip up your suitcase, here's what you need to know about what can—and can't—cross the border, and what's at stake if biosecurity rules are ignored. - ជាទូទៅ គយ គឺជាចំណុចទំនាក់ទំនងដំបូងសម្រាប់មនុស្សម្នាដែលចូលមកប្រទេសអូស្ត្រាលី។ មន្ត្រីកងកម្លាំងព្រំដែនអូស្ត្រាលី-ABF បានត្រៀមខ្លួនរួចជាស្រេចនៅច្រកទ្វារ ដោយផ្តោតលើការរក្សាទំនិញហាមឃាត់មិនឱ្យចូលមកក្នុងប្រទេសនេះ។ វិធានការសន្តិសុខជីវសាស្ត្រដ៏រឹងមាំរបស់ប្រទេសអូស្ត្រាលីត្រូវបានដាក់ឱ្យអនុវត្តដើម្បីការពារបរិស្ថាន សេដ្ឋកិច្ច និងសហគមន៍ដែលមានតែមួយគត់របស់យើង។ មុនពេលអ្នកបិទវ៉ាលីរបស់អ្នក នេះជាអ្វីដែលអ្នកត្រូវដឹងអំពីអ្វីដែលអាច និងមិនអាច ឆ្លងកាត់ព្រំដែនបាន និងអ្វីដែលជាហានិភ័យប្រសិនបើអ្នកមិនអើពើចំពោះច្បាប់ជីវសន្តិសុខ។
In der nächsten BierTalk-Folge wird's… ungewöhnlich: Wir sitzen in einer Kühlzelle. Nicht aus Show-Gründen, sondern weil nebenan gerade gebraut wird – und es hier drin herrlich ruhig ist. Schauplatz ist die Schweiz, genauer: die Brauerei Chen van Loon, und mein Gastgeber ist Jan van Loon. Jan erzählt, wie aus belgischen Wurzeln, Schweizer Alltag und einer ordentlichen Portion Technikleidenschaft (vom Feinmechaniker bis zum Maschinenbau) eine kleine, extrem sauber strukturierte Brauerei wurde – inklusive Farbcode für „sauber / nicht sauber“ und dem Spagat zwischen Brauen, Abfüllen, Liefern und Events. Das Herzstück der Folge: Bier trifft Wein – aber nicht als Mixgetränk, sondern als echte Co-Fermentation. Wir probieren das Sauvignon Ale (mit Trauben vergoren) und den Vigneron – Cuvée du Patron (weinige Aromatik ganz ohne Trauben, nur über Hopfen, Säure und Komposition). Zwei Biere, die verblüffend „weinige“ Momente erzeugen – dicht, moussierend, elegant – und perfekt für Beer & Dine. Eine Folge über Genuss, Handwerk, Timing (Hopfengabe nicht vergessen!) – und darüber, wie man mit einer klaren Idee ein Bier baut, das wirklich eine eigene Kategorie sein könnte...
Wie entsteht Präzision im Wein? Diese Frage steht im Zentrum meines Gesprächs mit Matthias Gaul in Asselheim. Wir sprechen über Asselheim als Herkunft, über Kalk, Wind und ein Klima, das fordert und formt. Es geht um ein Erntefenster, das enger geworden ist, um Pressung, Hefelager und den richtigen Moment für die Abfüllung. Und es geht um Chardonnay und Sekt als zwei Felder, an denen sich besonders klar zeigt, wie aus vielen kleinen Entscheidungen eine stilistische Handschrift entsteht. Was dieses Gespräch so spannend macht: Matthias Gaul spricht nicht in Schlagworten, sondern in Entscheidungen. Man spürt schnell, dass hier jemand Wein vom Ort her denkt – und zugleich vom Prozess. Genau daraus entstehen Weine, die nicht auf Lautstärke setzen, sondern auf Zug, Textur und Balance. Wenn du tiefer verstehen möchtest, worauf es beim Wein wirklich ankommt, findest du in den Shownotes auch mein kompaktes 12-Minuten-Audio.
Stinkende Berge an Land, gigantische Strudel im Ozean, Mikroplastik schon im Mutterleib: Das Ausmaß, in dem Menschen mit Abfällen ihre Umwelt verändern, sind enorm. Wie konnte es soweit kommen? Und werden wir unser Müll-Problem je lösen?
Ob Gil, Xavier oder Andrew, bei Atze kann ab sofort jeder machen was er will. Klar, bei einigen fragt man sich: Kannst du nicht leise blöd sein? Egal, die Realität zeigt, die meisten sind eh so dumm wie 100 m Feldweg. Gut, dass Lena Meyer-Landrut wieder Mama wird, zumindest ist an der Front für Qualität gesorgt. Da bleibt nur noch die große Frage: Was wurde aus Onkel Dittmeier und wer hat die Punica Oase geklaut? Abführ‘n! Und zwar sofort!Instagram:https://www.instagram.com/atzeschroeder_offiziell/ Hosted on Acast. See acast.com/privacy for more information.
【謝晨彥分析師Line官方帳號】 https://lin.ee/cdWWQ9a 2026.02.24【2天狂飆1000點! 買記憶體. ABF. CPO?】#台股怪談 謝晨彥分析師 馬上加入Line帳號! 獲取更多股票訊息! LINE搜尋ID:@gp520 https://lin.ee/se5Bh8n 也可來電免付費專線洽詢任何疑問! 0800-66-8085 獲取更多股票訊息 #摩爾投顧 #謝晨彥 #分析師 #股怪教授 #股票 #台股 #飆股 #三大法人 #漲停 #選股 #技術分析 #波段 #獲利 #台股怪談 #大賺 -- Hosting provided by SoundOn
We finally get the rest of the Appleton Beer Factory team on mic! Gary and Bobby host Jeff Fogle, Ben Fogle, and Carl Pierce to trace Appleton Beer Factory's origins. From Jeff's 1982 homebrew build and sanitary welding to ABF's DIY 22-tank system. They cover early ingredient hunts, business planning, recession-era funding, the ABF–McFleshman's collaboration, contract brewing, expansion and a proposed alley pipe?Visit ABF: https://appletonbeerfactory.com/PATREON SUPPORTpatreon.com/respectingthebeerpodcastUncut episodes with bonus contentAccess to exclusive beersAccess to 50-minute video tour of McFleshman'sFACEBOOK GROUPhttps://www.facebook.com/groups/respectingthebeerQUESTIONS?Email us at respectingthebeer@gmail.com--CHAPTERS00:00 Welcome to Respecting the Beer!01:12 Jeff Fogle's Origin Story03:11 Brewing Before the Internet04:19 Sourcing Ingredients the Hard Way05:56 Sanitary Welding 10108:21 Carl Pierce, ABF Partner11:53 Building the Appleton Beer Factory18:06 The DIY Brewery Build-Out19:51 Partnering with McFleshman's22:23 What's Next for ABF?25:34 A Pipe Over the Alley??26:32 What to Order at ABF28:07 Mount Rushmore of Brewing31:21 Support us on Patreon!--CREDITSHosts:Bobby Fleshman - https://www.mcfleshmans.com/Allison Fleshman -https://www.instagram.com/mcfleshmans/Joel HermansenGary Ardnt - https://everything-everywhere.com/everything-everywhere-daily-podcast/Music by Sarah Lynn Huss - https://www.facebook.com/kevin.huss.52/Recorded & Produced by David Kalsow - https://davidkalsow.com/Brought to you by McFleshman's Brewing Co
ਆਸਟ੍ਰੇਲੀਆਈ ਬਾਰਡਰ ਫੋਰਸ (ABF) ਨੇ ਸਿਡਨੀ ਵਿੱਚ ਬਿਨਾ ਐਲਾਨ (declaration) ਦੇ ਵਿਦੇਸ਼ੀ ਸ਼ਰਾਬ ਲਿਆਉਣ ਦੇ ਦੋਸ਼ ਵਿੱਚ ਭਾਰਤੀ ਮੂਲ ਦੇ ਦੋ ਪੁਰਸ਼ਾਂ 'ਤੇ ਕੁੱਲ 29,800 ਡਾਲਰ ਦਾ ਜੁਰਮਾਨਾ ਲਗਾਇਆ ਹੈ। ਅਤੇ ਉਨ੍ਹਾਂ ਦੇ ਵੀਜ਼ੇ ਰੱਦ ਕਰ ਦਿੱਤੇ ਹਨ। ਏਬੀਐਫ ਮੁਤਾਬਕ ਬੀਅਰ ਦੇ ਡੱਬਿਆਂ ਅੰਦਰ ਵਿਸਕੀ ਦੀਆਂ ਬੋਤਲਾਂ ਲੁਕਾ ਕੇ ਆਯਾਤ ਕਰਨ ਦੀ ਕੋਸ਼ਿਸ਼ ਕੀਤੀ ਗਈ। ਕੀ ਹਨ ਕਸਟਮ ਨਿਯਮ ਅਤੇ ਕੀ ਹੈ ਪੂਰਾ ਮਾਮਲਾ? ਜਾਣੋ ਇਸ ਪੌਡਕਾਸਟ ਵਿੱਚ।
Eva Maria Prehm beschäftigt sich in ihrer Arbeit den ganzen Tag mit Mist. Anstatt braune Bananenschalen, Apfelputzen oder Zucchini-Strünke verrotten zu lassen, erforscht sie, wie sich aus organischen Abfällen Biogas erzeugen lässt. Ihre Verbündeten sind Bakterien und Archaeen, die in speziellen Reaktoren organisches Material zu Methan abbauen. Das Problem: Verholzte Pflanzenmaterialien wehren sich, manche Inhaltsstoffe sind giftig für die empfindlichen Mikroorganismen. In Österreich speisen erst 16 Anlagen Biomethan ins Gasnetz ein – dabei könnte die Technologie gerade dort punkten, wo Elektrifizierung an Grenzen stößt.
In this episode of the InsuranceAUM.com Podcast, host Stewart Foley, CFA, speaks with Joel Hart, Managing Director and Chief Risk Officer at Victory Park Capital, about the growing concern of fraud risk in asset-backed finance (ABF) and private credit. As insurance investors increase exposure to these sectors, Joel offers a candid look at why borrower misconduct tends to spike in late-cycle markets and outlines the types of fraud currently emerging such as double pledging, falsified collateral, and manipulated reporting. Joel also shares how Victory Park Capital's independent risk function, data-driven monitoring systems, and hands-on portfolio management help mitigate these risks across the investment lifecycle. From the cultural importance of being willing to walk away from deals to key due diligence questions insurers should ask ABF managers, this episode delivers timely, actionable insights for insurance allocators navigating a complex credit landscape.
In this episode of the Streaming Income podcast, Barings Chairman & CEO Mike Freno shares how long-term partnerships, innovative thinking, and deep global relationships are reshaping the asset management landscape.Key Themes:Long Term Partnership MindsetFreno explains how Barings' ownership model enables true long term thinking and an alignment of interests with clients and partners — creating a foundation for durable, multi decade relationships.Innovative Client PartnershipsAcross the industry, partnerships are shifting away from transactional engagements to deeply aligned, long term strategic relationships. These collaborations — spanning sovereign wealth funds, insurance companies, pensions, and wealth investors — are driven by shared vision, innovative thinking, and mutually beneficial outcomes.Partnerships Unlocking Global OpportunitiesA global presence and an extensive network of relationships are crucial to identifying the best relative value opportunities for clients across regions and asset classes. These partnerships also form the foundation for originating unique, differentiated assets in areas like global real estate, direct lending, asset based finance, and more.Episode Segments:(02:18) – Who is Barings today?(05:04) – How Barings' ownership model allows for a long-term focus and alignment of interests (10:15) – Growth in the Middle East and partnering with like-minded sovereign wealth investors (13:28) – Innovative multi-asset partnerships with pension funds globally (16:34) – Where alts manager / insurance partnerships go next (23:29) – Increasing access to Barings' capabilities to the wealth channel globally (27:06) – Insight into a global real estate platform built to identify value and source unique assets(31:34) – Assessing the health of the direct lending market and the global opportunity for investors(36:06) – The growth in asset-based finance (ABF) and why origination is so critical (40:34) – Solving problems for investors and borrowers in portfolio finance(41:58) – What sets Barings apart (Hint: think culture & team) Make sure to follow our LinkedIn newsletter, Where Credit is Due to stay up-to-date on our latest public & private credit market insights.IMPORTANT INFORMATIONAny forecasts in this podcast are based upon Barings' opinion of the market at the date of preparation and are subject to change without notice, dependent upon many factors. Any prediction, projection or forecast is not necessarily indicative of the future or likely performance. Investment involves risk. The value of any investments and any income generated may go down as well as up and is not guaranteed. PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS. Any examples set forth in this podcast are provided for illustrative purposes only and are not indicative of any future investment results or investments. The composition, size of, and risks associated with an investment may differ substantially from any examples set forth in this podcast. No representation is made that an investment will be profitable or will not incur losses. Barings is the brand name for the worldwide asset management and associated businesses of Barings LLC and its global affiliates. Barings Securities LLC, Barings (U.K.) Limited, Barings Global Advisers Limited, Barings Australia Pty Ltd, Barings Japan Limited, Barings Real Estate Advisers Europe Finance LLP, BREAE AIFM LLP, Baring Asset Management Limited, Baring International Investment Limited, Baring Fund Managers Limited, Baring International Fund Managers (Ireland) Limited, Baring Asset Management (Asia) Limited, Baring SICE (Taiwan) Limited, Baring Asset Management Switzerland Sarl, and Baring Asset Management Korea Limited each are affiliated financial service companies owned by Barings LLC (each, individually, an “Affiliate”).NO OFFER: The podcast is for informational purposes only and is not an offer or solicitation for the purchase or sale of any financial instrument or service in any jurisdiction. The material herein was prepared without any consideration of the investment objectives, financial situation or particular needs of anyone who may receive it. This podcast is not, and must not be treated as, investment advice, an investment recommendation, investment research, or a recommendation about the suitability or appropriateness of any security, commodity, investment, or particular investment strategy.Unless otherwise mentioned, the views contained in this podcast are those of Barings and are subject to change without notice. Individual portfolio management teams may hold different views and may make different investment decisions for different clients. Parts of this podcast may be based on information received from sources we believe to be reliable. Although every effort is taken to ensure that the information contained in this podcast is accurate, Barings makes no representation or warranty, express or implied, regarding the accuracy, completeness or adequacy of the informationAny service, security, investment or product outlined in this podcast may not be suitable for a prospective investor or available in their jurisdiction.Copyright in this podcast is owned by Barings. Information in this podcast may be used for your own personal use, but may not be altered, reproduced or distributed without Barings' consent.26-5153115
Private asset-based finance (ABF) is gaining prominence in insurance portfolio strategy as insurers evaluate its capital efficiency, structural protections, and yield potential. In this episode of the InsuranceAUM.com podcast, Stewart Foley is joined by John Roglieri, Managing Director in Brookfield's Strategic Credit Initiatives, and Remo Plunkett, Vice President in Brookfield's Credit Group, to explore the evolution of ABF and its growing relevance for insurers. The discussion covers why ABF is not just a newer version of traditional securitized assets, but a broad, flexible toolkit that includes real assets, recurring cash flows, and customized structures tailored to insurer needs. With insights on risk management, capital treatment, and relative value versus direct lending, this episode offers a timely look at how insurers can build resilient portfolios in an increasingly complex credit environment.
Müll ist mehr als nur Abfall – er spiegelt gesellschaftliche Ungleichheiten wider. Wer verursacht Müll, wer trägt die Verantwortung? Während Reiche ihre Abfälle unsichtbar machen, kämpfen benachteiligte Stadtteile mit stigmatisierter Verschmutzung. Von Henriette Hufgard www.deutschlandfunk.de, Essay und Diskurs
Private asset-based finance (ABF) is the catch-all of credit markets—a diverse and complex segment offering a wide range of investment opportunities. In this follow-up to our previous ABF discussion, we delve deeper into the asset class and what it takes to be successful from origination to underwriting and portfolio construction. We discuss investment areas of interest—as well as those we're apt to avoid—and examine the convergence of structured products and corporate credit through the lens of AI and data center finance. This episode also explores market dynamics, risk management, and where private ABF fits into multi-asset portfolio construction. PGIM's Brian Barnhurst, CFA, Head of Global Credit Research, hosts Oliver Nisenson, Head of Asset-Based Finance. Recorded on November 26, 2025.
In this episode of the InsuranceAUM Podcast, DoubleLine's Andrew Hsu and Fifi Wong share their insights on building resilient insurance portfolios through asset-backed securities (ABS) and asset-based finance (ABF). With more than a decade of experience in structured products and a track record of navigating shifting market conditions, they offer a detailed look at underwriting discipline, deal sourcing, and how their approach has helped avoid high-profile credit pitfalls like recent subprime auto bankruptcies. From the early days of FinTech-backed student loans to today's more complex private ABF opportunities in sectors like aviation and energy infrastructure, this episode explores how DoubleLine evaluates new collateral types, maintains portfolio quality, and partners with insurance investors for long-term success. Hosted by Stewart Foley, this discussion is a must-listen for insurance asset managers, CIOs, and anyone interested in how structured credit strategies are evolving in today's uncertain environment. Listen now and subscribe to stay current on trends in insurance asset management.
00:00 - Intro00:34 - Which Programs to Use With Limited Weights08:19 - Combining Easy Strength, ABF, and Norwegian 4×413:21 - Strength Training After Paralysis17:46 - Fixing Shoulder Pain With Daily Hanging22:03 - Double vs Single ABC24:48 - Simple Nutrition Tracking With Journals28:11 - Using Uneven Kettlebells in the ABC► Personalized workouts based on your schedule, ability, and equipment options. http://www.DanJohnUniversity.com.► If you're interested in getting coached by Dan personally, go to http://DanJohnInnerCircle.com to apply for his private coaching group.► Go to ArmorBuildingFormula.com to get Dan's latest book.
In this 2026 Outlook discussion, our experts across Direct Lending, Asset-Based Finance and Portfolio Finance cover:- Where they see value and how they're assessing risks- What trends are shaping the landscape in the year ahead- Their personal “bold predictions” for 2026Panelists:Orla Walsh – Head of Europe Private Credit Portfolio ManagementJim Moore – Head of Asset-Based FinanceDadong Yan – Head of Portfolio Finance Episode Segments:(01:47) – 3 trends shaping the landscape for private credit (05:30) – Assessing risks in private credit today (07:57) – Deal pricing and structuring dynamics (10:12) – Private credit's runway for growth (12:41) – Regional divergences & the impact of tariffs(19:29) – Defining private asset-based finance (23:22) – How macroeconomic trends & divergences are shaping the landscape (29:53) – Jim's bold prediction for ABF in 2026 (34:02) – Defining portfolio finance and why it's gaining traction (40:40) – Key risks facing the market (44:17) – Misconceptions around the market (47:39) – Dadong's bold prediction for portfolio finance in 2026 Make sure to follow our LinkedIn newsletter, Where Credit is Due to stay up-to-date on our latest public & private credit market insights.IMPORTANT INFORMATIONAny forecasts in this podcast are based upon Barings' opinion of the market at the date of preparation and are subject to change without notice, dependent upon many factors. Any prediction, projection or forecast is not necessarily indicative of the future or likely performance. Investment involves risk. The value of any investments and any income generated may go down as well as up and is not guaranteed. PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS. Any examples set forth in this podcast are provided for illustrative purposes only and are not indicative of any future investment results or investments. The composition, size of, and risks associated with an investment may differ substantially from any examples set forth in this podcast. No representation is made that an investment will be profitable or will not incur losses. Barings is the brand name for the worldwide asset management and associated businesses of Barings LLC and its global affiliates. Barings Securities LLC, Barings (U.K.) Limited, Barings Global Advisers Limited, Barings Australia Pty Ltd, Barings Japan Limited, Barings Real Estate Advisers Europe Finance LLP, BREAE AIFM LLP, Baring Asset Management Limited, Baring International Investment Limited, Baring Fund Managers Limited, Baring International Fund Managers (Ireland) Limited, Baring Asset Management (Asia) Limited, Baring SICE (Taiwan) Limited, Baring Asset Management Switzerland Sarl, and Baring Asset Management Korea Limited each are affiliated financial service companies owned by Barings LLC (each, individually, an “Affiliate”).NO OFFER: The podcast is for informational purposes only and is not an offer or solicitation for the purchase or sale of any financial instrument or service in any jurisdiction. The material herein was prepared without any consideration of the investment objectives, financial situation or particular needs of anyone who may receive it. This podcast is not, and must not be treated as, investment advice, an investment recommendation, investment research, or a recommendation about the suitability or appropriateness of any security, commodity, investment, or particular investment strategy.Unless otherwise mentioned, the views contained in this podcast are those of Barings and are subject to change without notice. Individual portfolio management teams may hold different views and may make different investment decisions for different clients. Parts of this podcast may be based on information received from sources we believe to be reliable. Although every effort is taken to ensure that the information contained in this podcast is accurate, Barings makes no representation or warranty, express or implied, regarding the accuracy, completeness or adequacy of the informationAny service, security, investment or product outlined in this podcast may not be suitable for a prospective investor or available in their jurisdiction.Copyright in this podcast is owned by Barings. Information in this podcast may be used for your own personal use, but may not be altered, reproduced or distributed without Barings' consent.25-4971702
00:00 - Intro01:02 - Balancing ES, ABF, and Powerlifting07:41 - Dan John on The Walk After the Weights16:10 - Transitioning from Single to Double Bell ABC20:59 - 3x3 vs 5x2 for Easy Strength for Fat Loss27:53 - Finding Gaps and Goals for Lifelong Health33:53 - Finding “Enough” Before Diminishing Returns40:09 - Building the Single Kettlebell Press46:23 - Minimalist Work for the Seasoned Lifter48:46 - Rite of Passage to ABC with Single Bells54:30 - Building a Sustainable Training Week in Midlife► Personalized workouts based on your schedule, ability, and equipment options. http://www.DanJohnUniversity.com.► If you're interested in getting coached by Dan personally, go to http://DanJohnInnerCircle.com to apply for his private coaching group.► Go to ArmorBuildingFormula.com to get Dan's latest book.
With Morgan Stanley's European Leveraged Finance Conference underway, our Head of Corporate Credit Research Andrew Sheets joins Chief Fixed Income Strategist Vishy Tirupattur to discuss private credit, M&A activity and AI infrastructure.Read more insights from Morgan Stanley.----- Transcript ----- Andrew Sheets: Welcome to Thoughts on the Market. I'm Andrew Sheets, Head of Corporate Credit Research at Morgan StanleyVishy Tirupattur: And I'm Vishy Tirupattur, Morgan Stanley's Chief Fixed Income Strategist.Andrew Sheets: Today, as we're hosting the Morgan Stanley European Leveraged Finance Conference, a discussion of three of the biggest topics on the minds of credit investors worldwide.It's Thursday, October 16th at 4pm in London.Vishy, it's so great to catch up with you here in London. I know you've been running around the world, quite literally, talking to investors about some of the biggest debates in credit – and that's exactly what we wanted to talk. We're here at Morgan Stanley's European Leveraged Finance Conference. We're talking with investors about the biggest debates, the biggest developments in credit markets, and there are really kind of three topics that stand out.There's what's going on with private credit? What's going on with the merger and acquisition, the M&A cycle? And how are we going to fund all of this AI infrastructure?And so maybe I'll throw the first question to you. We hear a lot about private credit, and so maybe just for the listener who's looking at a lot of different things. First, how do you define it? What are we really talking about when we're talking about private credit?Vishy Tirupattur: So, Andrew, when we talk about private credit, the most common understanding of private credit is lending by non-banks to small and medium sized companies. And we probably will discuss a bit later that this definition is actually expanding much beyond this narrow definition. So, when you think about private credit and spend time understanding what is the credit in private credit, what it boils down to is on average, on a leveraged basis, the credit in private credit is comparable to, say CCC to B - on a coverage basis to the public markets.So, the credits in the private credit market are weaker. But on the other hand, the quality of covenants in these deals is significantly better compared to the public credit markets. So, that's the credit in private credit.Andrew Sheets: So, Vishy, with that in mind then, what is the concern in this market? Or conversely, where do people see the opportunity?Vishy Tirupattur: So, the concern in this market comes from the opaqueness in these deals. Many of these private credit borrowers are not public filers. So not much is well known about what the underlying details are. But in a sense, a good part of the public markets, whether it's in high yield bonds or in the public, broadly syndicated leveraged loans are also not public filers. So, there is information asymmetry in those markets as well.So, the issue is not the opaqueness of private markets, but opaqueness in credit in general. But that said, when you look at the metrics of leverage, coverage, cash on balance sheet…Andrew Sheets: Because we can get some kind of high-level sense of what is in these portfolios...Vishy Tirupattur: Yeah. And we look at all those metrics, and we look at a wide range of metrics. We don't get to the conclusion that we are at a precipice of some systemic risk exposure in credit. On the other hand, there are idiosyncratic issues. And these idiosyncratic issues have always been there and will remain there. And we would expect that the default rates are sticky around these levels, which are slightly above the long-term average levels, and we expect that to remain.Andrew Sheets: So, you may see more dispersion within these portfolios. These are weaker, more cyclical, more levered companies. But overall, this is not something that we think at the moment is going to interrupt the credit cycle or the broader markets dynamic.Vishy Tirupattur: Absolutely. That is exactly where we come down to.So, Andrew, let me throw another question back at you. There's a lot of talk of growing M&A, growing LBO activity. And that could potentially lead to some challenges on the credit front. How do you look at it?Andrew Sheets: So, I'd like to actually build upon your answer from private credit, right? Because I think a lot of the questions that we're getting from investors are around this question of how far along in this always, kind of, cyclical process; ebb and flow of lending aggressiveness are we? And, you know, this is a cycle that goes back a hundred years – of lenders becoming more conservative and tighter with lending. And then as times get good, they become somewhat looser. And initially that's fine. And then eventually something, something happens.And so, I think we've seen the development of new markets like private credit that have opened up new lending opportunities and then also new questions. And I think we've also seen this question come up around M&A and corporate activity.And as we start to see headlines of very large leveraged buyouts or LBOs, as we start to see more merger and acquisition – M&A – activity coming back; something we've at Morgan Stanley been believers in. Are we really starting to see the things that we saw in the year 2000, or in the year 2007, when you saw very active capital markets actually coinciding with kind of near the peak of equity markets near the top of major market cycles.And in short, we do not think we're there yet. If we look at the actual volumes that we're seeing, we're actually a little bit below average in terms of corporate activity. There's really been a dearth of corporate activity after COVID. We're still catching up. Secondly, the big transactions that we're seeing are still more conservatively structured, which isn't usually what you see right at the end. And so, I think between these two things with still a lot of supportive factors for more corporate activity, we think we have further to go.Vishy Tirupattur: On that point, Andrew, I think if you look at the LBOs that are happening today versus the LBOs that happened in the 2007 era, the equity contribution is dramatically different. You know, equity to debt, these LBOs that are happening today [are] of a substantially higher amount of equity contribution compared to the LBOs we saw pre-Financial Crisis…Andrew Sheets: That's such a great point. And the listener may not know this, but Vishy and I were working together at Morgan Stanley prior to the Financial Crisis, and we were working in credit research when a lot of these LBOs were happening, and…Vishy Tirupattur: And I used to be tall and good looking.Andrew Sheets: (laughs) And they were just very different. We're still not there. If you go back and pull the numbers, you're looking at transactions still that are far more conservative than what we saw then. So, you know, this activity is cyclical, and I think we do have to watch deregulation, right? You saw a lot of regulations come in after the Financial Crisis that led to more conservative lending. If those regulations get rolled back, we could really move back towards more aggressive lending. But we haven't quite seen that yet.Vishy Tirupattur: Absolutely not.Andrew Sheets: And Vishy, maybe the third question that comes up a lot. We've covered private credit, which is very topical. We've covered kind of corporate aggressiveness. But maybe the icing on the cake. The biggest question is AI – and is AI spending?And it just feels like every day you come into the office and there's another headline on CNBC or Bloomberg about another mega AI funding deal. And the question is, okay, where's all that money going to come from?And maybe some of it comes from these companies themselves. They're very profitable, but credit might have to fill in some of the gaps. And you and some of our colleagues have done a lot of work on this. Where do you think kind of the lending story and the borrowing story fits into this broader AI theme?Vishy Tirupattur: Our estimate of simply data center related CapEx requirements are close to $3 trillion. You add the power required for the data centers and add another $300-400 billion. So, a lot of this CapEx will come from – roughly about half might come from the operating cash flows of the hyperscalers. But the rest, so [$]1.5 trillion plus, has to come through various channels of credit.So, unsecured corporate credit, we think will play a fairly small role in this. Of that [$]1.5 trillion plus, maybe [$]200 billion to come from unsecured credit issuance by these hyperscalers, and perhaps some of the securitized markets, such as ABS and CMBS that rely on stabilized cash flows may be another 1[$]50 billion. But a different version of private credit, what we will call ABF or asset based finance, will play a very big role. So north of [$]800 billion we think will come from that kind of a private credit version of investment grade, or a private credit markets developing. So, this market is very much in the developmental mode.So, one way or the other, for AI to go from where it is today to substantially improving productivity and the earnings of companies that has to go through CapEx; and that CapEx needs to go through credit markets.Andrew Sheets: And I think that is so fascinating because, right Vishy, so much of the spending is still ahead of us. It hasn't even really started, if you look at the numbers.Vishy Tirupattur: Absolutely. We are in the early stages of this CapEx cycle. We should expect to see a lot more CapEx and that CapEx train has to run through credit markets.Andrew Sheets: So, Vishy, there's obviously a lot of history in financial markets of larger CapEx booms, and some of them work out well, and some of them don't. I mean, if you are trying to think about some of the dynamics of this funding for AI and data centers more broadly versus some of these other CapEx cycles that investors might be familiar with. Are there some similar dynamics and some key differences that you try to keep in mind?Vishy Tirupattur: So, in terms of similarities, you know, they're big numbers, whichever way you cut it, these numbers are going to be big dollar numbers.But there are substantial differences between the most recent CapEx boom that we saw towards the end of the late 90s, early 2000s; we saw a massive telecom boom, telecom related CapEx. The big difference is that spending was done by – predominantly by companies that had put debt on their balance sheet. They were already very leveraged. They were just barely investment grade or some below investment grade companies with not much cash on their balance sheet.And you contrast that with today's world, much of this is being done by highly rated companies; the hyperscalers or between, you know, A+ to AAA rated companies, with a lot of cash on their balance sheets and with very little outstanding debt on their part.On top of that, the kind of channels that exist today, you know, data center, ABS and CMBS, asset-based finance, joint venture kind of financing. All of these channels were simply not available back then. And the fact that they all are available today means that this risk of CapEx is actually much more widely distributed.So that makes me feel a lot better about the evolution of this CapEx cycle compared to the most recent one we saw.Andrew Sheets: Private credit, a rise in M&A and a very active funding market for AI. Three big topics that are defining the credit debate today. Vishy, thanks for taking the time to talk.Vishy Tirupattur: Andrew, always fun to hang with youAndrew Sheets: And thank you for listening. If you enjoy Thoughts on the Market, please leave us review wherever you listen and tell a friend or colleague about us today.
00:00 - Intro00:49 - The Role of Emotions in Training and Mental Warm-Up10:22 - If Dan John Opens a Gym...13:21 - Adding Sprint Work to ABF as a Busy Dad16:44 - Building Rack Strength in ABF19:29 - Dan John's Favorite Sports Movies25:27 - Doing Pull-ups without MAPS30:01 - Dan John on Building and Maintaining Strong Relationships► Personalized workouts based on your schedule, ability, and equipment options. http://www.DanJohnUniversity.com.► If you're interested in getting coached by Dan personally, go to http://DanJohnInnerCircle.com to apply for his private coaching group.► Go to ArmorBuildingFormula.com to get Dan's latest book.
Until now, the AI buildout has largely been self-funded. Our Chief Fixed Income Strategist Vishy Tirupattur and our Head of U.S. Credit Strategy Vishwas Patkar explain the role of credit markets to fund a potential financing gap of $1.5 trillion as spending on data centers and hardware keeps ramping up.Read more insights from Morgan Stanley.----- Transcript ----- Vishy Tirupattur: Welcome to Thoughts on the Market. I am Vishy Tirupattur, Morgan Stanley's Chief Fixed Income Strategist.Vishwas Patkar: And I'm Vishwas Patkar, Head of U.S. Credit Strategy at Morgan Stanley.Vishy Tirupattur: Today we want to talk about the opportunities and challenges in the credit markets, in the context of AI and data center financing.It's Wednesday, August 6th at 3pm in New York.Vishy Tirupattur: So, Vishwas spending on AI and data centers is really not new. It's been going on for a while. How has this CapEx been financed so far predominantly? What has changed now? And why do we need greater involvement of credit markets of different stripes?Vishwas Patkar: You're right, Vishy. So, CapEx on AI is certainly not new. So last year the hyperscalers alone spent more than $200 billion on AI related CapEx. What changes from here on, to your question, is the numbers just ramp up sharply. So, if you look at Morgan Stanley's estimates leveraging work done by our colleague Stephen Byrd over the next four years, there's about [$]2.9 trillion of CapEx that needs to be spent across hardware and data center bills.So what changes is, while CapEx so far has been largely self-funded by hyperscalers, we think that will not be the case going forward. So, when we leverage the work that has been done by our equity research colleagues around how much the hyperscalers can spend, we've identified a [$]1.5 trillion financing gap that has to be met by external capital. And we think credit would play a big role in that.Vishy Tirupattur: A financing gap of [$]1.5 trillion. Wow. That's a big number, by any measure. You talked about multiple credit channels that would need to be involved. Can you talk about rough sizing of these channels?Vishwas Patkar: Yep. So, we looked at four broad channels in the report that went out a few weeks ago. So, that [$]1.5 trillion gap breaks out into roughly [$]800 billion across private credit, which we think will be led by asset-based finance. Another [$]200 billion we think will come from Investment Grade rated bond issuance from the large tech names. Another [$]150 billion comes through securitized credit issuance via data center ABS and CMBS. And then finally there is a [$]350 billion plug that we've used. It's a catchall term for all other forms of financing that can cover sovereign spend, PE (private equity), VC among others,Vishy Tirupattur: The technology sector is fairly small within the context of corporate grade markets. You are estimating something like [$]200 billion of financing to come from this channel. Why not more?Vishwas Patkar: So, I think it comes down to really willingness versus ability. And, you know, you raise a good point. Tech names certainly have a lot of capacity to issue debt. And when I look at some of the work done by my colleague Lindsay Tyler in this report, the big four hyperscalers alone could issue over [$]600 billion of incremental debt without hurting their credit ratings.That said, our assumption is that early in the CapEx cycle, companies will be a little hesitant to do significantly debt funded investments as that might be seen as a suboptimal outcome for shareholder returns. And that's why we have reduced the magnitude of how much debt issuance could be vis-a-vis the actual capacity some of these companies have.So, Vishy, I talked about private credit meeting about half of the investment gap that we've identified and within that asset-based finance being a very important channel. So, what is ABF and why do you expect it to play such a big role in financing AI and data centers?Vishy Tirupattur: So, ABF is a very broad term for financing arrangements within the context of private credit. These are financing arrangements that are secured by loans and contractual cash flows such as leases – either with hard assets or without hard assets. So, the underlying concept itself is pretty widely used in securitizations.So, the difference between ABF structures and ABS structures is that the ABF structures are highly bespoke. They enable lots of customization to fit the specific needs of the investors and issuers in terms of risk tolerance, ratings, returns, duration, term, et cetera.So, ABS structures, on the other hand, are pretty standardized structures, you know, driven mainly by rating agencies – often requiring fairly stabilized cash flows with very strict requirements of lessee characteristics and sometimes residual value guarantees, in cases where hard assets are actually part of the collateral package.So, ABF opens up a wider range of possible structures and financing options to include assets that are on different stages of development. Remember, this is a very nascent industry. So, there are data centers that are fully stabilized cash flows, and there are data centers that are in very early stages of building with just land, or land and power access just being established.So, ABF structures can really do it in the form of a single asset or single facility financing or could include a portfolio of multiple assets and facilities that are in different stages of development.So, put all these things together, the nascent nature and the bespoke needs of data center financing call for a solution like ABF.Vishwas Patkar: And then taking a step back. So, as you said, the [$]1.5 trillion financing gap; I mean, that's a big number. That's larger than the size of the high yield market and the leveraged loan market.So, the question is, who are the investors in these structures, and where do you think the money ultimately comes from?Vishy Tirupattur: So, there is really a favorable alignment here of significant and substantial dry powder across different credit markets. And they're looking for attractive yields with appeal to a sticky investor base. This end investor base consists of investors such as insurance companies, sovereign wealth funds, pension funds, endowments, and high net worth retail individuals.Vishy Tirupattur: These are looking for scalable high quality asset exposures that can provide diversification benefits. And what we are talking about in terms of AI and data center financing precisely fall into that kind of investment. And we think this alignment of the need for capital and need for investments, that bridges this gap for [$]1.5 trillion that we're talking about here.So, my final question to you, Vishwas, is this. Where could we be wrong in our assessment of the financing through the various credit market channels?Vishwas Patkar: With the caveat that there are a lot of assumptions and moving parts in the framework that we build, I would flag really two risks. One macro, one micro.The macro one I would talk about in the context of credit market capacity. A lot of the favorable dynamics that you talked about come from where the level of rates are. So, if the economy slows and yields were to drop sharply, then I think the demand that credit markets are seeing could come into question, could see a slowdown over the coming years.The more micro risks, I think really come from how quickly or how slowly AI gets monetized by the big tech names. So, while we are quite optimistic about revenue generation a few years out, if in reality revenues are stronger than expected, then you could see more reliance on the public markets.So, for instance, the 200 billion of corporate bond issuance is likely going to be skewed higher in a more optimistic scenario. On the flip side, if there is mmuch ore uncertainty around the path to revenue generation, and if you see hyperscalers pulling back a bit on CapEx – then at the margin that could push more financing to the way of credit markets. In which case the overall [$]1.5 trillion number could also be biased higher.So those are the two big risks in my view.Vishy Tirupattur: So, Vishwas, any way you look at it, these numbers are big. And whether you are involved in AI or whether you're thinking about credit markets, these are numbers and developments that you cannot ignore.So, Vishwas, thanks so much for joining.Vishwas Patkar: Thank you for having me on Vishy.Vishy Tirupattur: And thanks for listening. If you enjoy the show, please leave us a review wherever you listen and share Thoughts on the Market with a friend or colleague today.